Hello, This is my first chart publishing! My future ones shall be more clean of course, but I had to get this idea out before bed.
YOYO is looking great on the daily chart.
It seems a secret Cup and Handle breakout has already happen, things are looking like they are about to turn bullish on the MACD (Daily).
Shall we see a volume increase here in the next day, I would be looking for the upper target around 2100-2200.
Notice if YOYO breaks below 1190, I would call this play off.
Partial profits (or full) may also be taken at 1600-1700.
If this cup and handle takes off, it will be a beautiful one.
Provide feedback please.
YOYO is looking great on the daily chart.
It seems a secret Cup and Handle breakout has already happen, things are looking like they are about to turn bullish on the MACD (Daily).
Shall we see a volume increase here in the next day, I would be looking for the upper target around 2100-2200.
Notice if YOYO breaks below 1190, I would call this play off.
Partial profits (or full) may also be taken at 1600-1700.
If this cup and handle takes off, it will be a beautiful one.
Provide feedback please.
Comment:
Several buy orders lining up on YOYO BTC (Binance).... We're getting there
Comment:
Volume up since my comment 3 hours ago.
My advice, keep an eye on YOYO. It does not look like we will go below the level I mentioned (where this trade idea would be done). However, let's keep an EYE on it with BTC hopefully going up to 8k today. (Then either take off or land).
Again, this was my first chart analysis, so I understand it looks sloppy. Future ones will be cleaner. Should we see YOYO break 1400, I am entering position. It has been trading pretty narrow in last couple days. MACD still looks good.